India Current Affairs 2018

Latest India Current Affairs and Current Affairs related to Government policy, polity and administration in India. India’s National Current Affairs updates for 2018.

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Government launches Yuva Sahakar-Cooperative Enterprise Support and Innovation Scheme

Union Minister of Agriculture and Farmers’ Welfare Radha Mohan Singh launched Yuva Sahakar-Cooperative Enterprise Support and Innovation Scheme of National Cooperative Development Corporation (NCDC). It isyouth-friendly scheme aimed at attracting youth to cooperative business ventures.

Yuva Sahakar-Cooperative Enterprise Support and Innovation Scheme

The scheme is linked to Rs 1000 crore ‘Cooperative Start-up and Innovation Fund (CSIF)’ created by the NCDC. It aims to encourage cooperatives to venture into new and innovative areas. It envisages 2% less than applicable rate of interest on term loan for the project cost up to Rs 3 crore including 2 years moratorium on payment of principal. All types of cooperatives in operation for at least one year are eligible to avail of the scheme.

Under it more incentives will be provided for cooperatives of North Eastern region, Aspirational Districts and cooperatives with women or SC or ST members. The funding for the project under this scheme will be up to 80% of the project cost for these special categories against 70% for others

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Winter Session of Parliament to be held from Dec 11, 2018 to Jan 08, 2019

The Cabinet Committee on Parliamentary Affairs (CCPA) has recommended convening of winter session of Parliament from December 11, 2018 to January 8, 2019. The CCPA was headed by Union Home Minister Rajnath Singh and met in New Delhi and deliberated on the dates of the session.  The winter session of Parliament usually starts every year after Monsoon Session in November. However, from past two years in a row, it is beginning in December.  The session has been delayed this year due to assembly elections in five states.

Cabinet Committee on Parliamentary Affairs (CCPA)

CCPA is one of the six cabinet committees in function (as of 2016). It looks after progress after of government business in the Parliament. It is chaired by Union Home Minister. Others five cabinet committees are Cabinet Committee on Political Affairs, Cabinet Committee on Economic (CCEA), Cabinet Committee on Security (CCS), Cabinet Committee on Accommodation (CCA) and Appointments Committee of Cabinet (ACC). These five cabinet committees are chaired by Prime Minister.

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